End of Financial Year (EOFY) for New Zealand (NZ) falls on 31 March each year.
MicrOpay New Zealand EOFY Quick Reference Guide 2025-2026
This New Zealand year end, we will be offering a graphical Quick Reference Guide and Checklist to direct you through your New Zealand End of Year process. You can use this Guide and Checklist for New Zealand End of Financial Year.
This printable document explores the steps of the End of Year process in an overview form and is an ideal reminder for those of you who have performed the process previously. We recommend you open it in a dedicated PDF reader rather than in a web browser to enjoy the full functionality of the document.
The End of Year process contained in the Quick Reference Guide directs you to upgrade MicrOpay to version 9.5 (step 13) and then complete Change Tax Year (step 15) on 9.5. You will be notified when the version is available.
Step 18 of the Quick Reference Guide, suggests that you review the Tax Parameters screen. For details of the 2026-2027 tax changes, see New Zealand - Tax Changes for the New Financial Year in New Zealand.
MicrOpay Comprehensive New Zealand End of Year eLearning Course
For those of you approaching New Zealand End of Year for the first time, or who would prefer a comprehensive refresh on the topic, we recommend our New Zealand End of Year eLearning. Email [email protected] to book the New Zealand EOY Training Course or refer to our Training site for more information here:
Note: If you need to start processing your next payroll before upgrading to the above release, you can Change Tax Year before upgrading and manually update your Employer KiwiSaver Contribution. Transactions will use the previous Tax Year parameters, these can be updated manually. The ESCT (Employer Savings Contribution Tax) calculation requires the upgrade, as this cannot be upgraded manually. ESCT is not calculated until you open the Payday Filing.